All new businesses need to keep overhead costs low to survive, and sports facility-based businesses are no exception. The most significant overhead cost that sports facilities typically have is their monthly rent expenses. Obviously, your property is a huge investment. It has to be big enough for sports teams to practice, which often requires thousands […]
Sports Facility Expenses
Read our blog posts to learn more about your sports facility’s expenses. Take advantage of advice you can use to improve cash flow, lower costs, and keep your business successful.
Last week, we discussed how keeping electronic records lowers overhead and improves cash flow at sports facility start-ups. In the past, we’ve also discussed how requiring upfront payments helps keep more cash on-hand. You’ve heard it many times, but I’ll say it again: Cash is king for new businesses. Any efforts you make toward improving […]